Uranium diplomacy: Kazakhstan could power Turkey’s nuclear plants

Kazakhstan proposes uranium deal to fuel Turkey’s nuclear reactors / Photo: Zhanbolat Mamyshev, photo editor: Dastan Shanay Kazakhstan has proposed a uranium mining and fuel supply deal to support Turkey’s growing nuclear energy ambitions, according to Baurzhan Duisebayev, CEO of the Chemical Engineering Design Bureau. «Suddenly, Turkey is leading the way: four reactors are under construction …

Southern Nuclear breaks ground with first US use of enriched nuclear fuel above 5%

Southern Nuclear has taken a bold step forward in nuclear innovation by becoming the first US company to load enriched nuclear fuel exceeding 5% uranium-235 into a commercial reactor for testing. This milestone, achieved at the Vogtle Unit 2 reactor in Waynesboro, Georgia, marks a significant advancement in nuclear energy technology and could pave the way for more efficient, …

Namibia, one of the world’s largest uranium producers, has invited Russia to collaborate on its processing. Russia is strengthening its African presence, investing in the oil, gas, and nuclear energy sectors.

Namibia accounts for about 10% of global uranium production, while Russia controls about 40% of the world’s enrichment capacity. The African nation recognised that with such expertise, Russia would help it transition from a seller of raw materials to a significant global producer of processed uranium ready for use in reactors. The African country seeks support The Kremlin is …

Commentary Russia Winning Contest Over Nuclear Energy Sector and Supply Chains

The U.S. and EU have a window of opportunity to regain lost ground. From Eurasianet. Far removed from the battlefields of Ukraine, the United States, European Union, and Russia are facing off on a second front in a struggle over the nuclear energy sector and control of uranium supply chains. While the war in Ukraine …

Invest now to secure long-term uranium future, Red Book says

The trend of declining uranium exploration and mine development expenditure has been reversed – but substantial investment in new mining projects will be essential to meet nuclear power generation projections to 2050 and beyond, according to the latest edition of the key OECD/IAEA joint report. Uranium 2024: Resources, Production and Demand is the latest edition of …

Kazakhstan responds to Trump’s tariff announcement

Kazakhstan’s Ministry of Trade and Integration made an official statement regarding a 27% import tariff recently imposed by the U.S. The agency stated that a significant share of Kazakhstan’s exports to the U.S. is not subject to additional tariffs, as they fall under the exemption list. «The core of Kazakhstan’s exports to the U.S. includes …

U.S. uranium production in 2024 was highest in six years

Companies in the United States produced more uranium concentrate in 2024 than in any year since 2018 after a sustained period of higher uranium prices spurred production, according to our recently published Domestic Uranium Production Report—Quarterly. The increase largely came from two in-situ recovery facilities, one in Texas and one in Wyoming, and the resumption of …

Paladin Energy tanks after withdrawing production guidance

More news: Shares in Paladin Energy plunged in early trading after the uranium miner withdrew its full-year production guidance following a “one-in-fifty-year” rainfall event that disrupted operations at its Langer Heinrich mine in Namibia last week. Paladin shares were down 8% to $5.88 at 10:30am AEDT. Paladin Energy scraps guidance after Langer Heinrich shutdown The news: Uranium …